Bitcoin (BTC) price is stabilizing after a sharp correction, with multiple analysts pointing to improving technical structure. Short-term charts show accumulation near key demand, while higher-timeframe studies highlight potential breakout continuation. Price targets discussed range from a retest of $98,000–$100,000 to longer-term cycle extensions if resistance gives way.
According to analyst Ted Pillows, Bitcoin price is consolidating above a critical horizontal demand zone in the mid–$90,000 range. This area previously acted as a major support-resistance flip and now serves as a decision point. Repeated defenses of this zone suggest sellers are losing downside momentum following the November–December correction.
SOURCE: X
Additionally, the daily chart shows the development of an ascending trendline from December lows. Higher lows continue to form despite broader volatility. This compression between rising support and horizontal resistance resembles a re-accumulation structure rather than distribution.
Moreover, Ted’s projected path highlights a potential move toward the $98,000–$100,000 liquidity zone. This area aligns with psychological resistance and prior rejection levels. A decisive breakout and acceptance above range highs could accelerate momentum. Failure to hold the rising trendline would weaken the bullish structure.
Meanwhile, analyst Javon Marks pointed out that Bitcoin price behavior mirrors historical bullish continuation patterns. The chart highlights recurring structures where price consolidates in downward-sloping channels before resolving higher. These formations have consistently preceded strong impulsive expansions within broader uptrends.
SOURCE: X
In addition, the current consolidation closely resembles prior corrective pauses. Each previous phase resolved with increasing upside magnitude. This suggests the market is resetting momentum rather than forming a top. The analyst suggests the current action as structural preparation for another breakout.
Furthermore, this perspective emphasizes patience during controlled pullbacks. Rather than deep retracements, Bitcoin has historically attracted stronger demand during these phases. If this fractal analogy holds, the next breakout could push price beyond prior highs. The broader trend remains intact as long as higher-timeframe support holds.
On the other hand, according to analyst Gert van Lagen, Bitcoin price is approaching a critical point within a multi-year cycle. His high-timeframe chart focuses on breakouts from long-term resistance and rising channel structures. The projected $380,000–$500,000 zone represents a measured move of the macro pattern, not a near-term forecast.
SOURCE: X
More so, the analysis highlights historical symmetry across previous cycles. Past bull markets showed prolonged consolidation below resistance before entering rapid price discovery. Once all-time high resistance was cleared, volatility expanded sharply and upside accelerated.
However, this framework also implies elevated risk during late-cycle phases. Rapid advances tend to be volatile and emotionally driven. Acceptance above all-time highs would confirm entry into a powerful expansion phase. Failure to break resistance would likely delay, rather than negate, the broader bullish thesis
The post Bitcoin Price Poised for Breakout Move as Key Resistance Weakens appeared first on CoinCentral.


